Decision on the fate of cryptocurrency in India follows: FM

On Friday, Finance Minister Nirmala Sitharaman said that the government has sovereign right to tax profit made from crypto transactions and the decision on prohibiting or not prohibiting will be taken depending on the feedback from consultations. Responding to the general discussion on Union Budget, the finance minister said that she is not going to…

Walmart intends to offer crypto and NFTs soon

The retail giant of the United States, Walmart is the latest firm to step into the crypto bandwagon. Based on trademark documents the retail giant field in December 2021 with the US Patent and Trademark Office (USPTO), Walmart appears to be set out into the metaverse with schemes to develop its own collection of non-fungible…

CoinDCX, India’s first crypto unicorn, intends IPO

According to co-founder, Neeraj Khandelwal, India’s first crypto unicorn, CoinDCX, wishes to work towards an initial public offering as soon as government regulations permit it. Khandelwal said that akin to Coinbase Global Inc.’s U.S. listing earlier this year, the share sale would be a key vote of confidence for the country’s digital asset industry. He…

Brazilian netizens to be given new Visa Cryptocurrency card

A digital asset exchange based in Hong Kong, crypto.com has started issuing Visa crypto cards for its users in Brazil. The firm said that users receiving and applying for cards won’t be charged any annual, monthly, or ATM withdrawal fees. As opposed to normal Visa cards that provide a line of credit, these crypto Visa…

US-based crypto exchange enters India; early users to get Rs. 500 in Bitcoin

Cross Tower, one of the world’s leading trading and digital asset investment companies, announced the launch of its crypto trading platform in India. Cross Tower said in a statement that the platform has been developed in a systematic manner on a scalable, robust and resilient infrastructure with best-in-class services, safeguards and capabilities. Cross Tower is…

Terror financing increases amid Coronavirus, widespread use of crypto

Money laundering and terror financing have flourished in the previous one year as governments and nations across the world directed their concentration only on combating the novel Coronavirus pandemic. The new era of the digital asset in the form of crypto has surged terror financing. Crypto is encountering a rise in the market value in…

Nexus Inc. introduces Ethereum blockchain network in Space

A deep-tech digital asset management company Nexus Inc. executes and develops Internet of Things-centered solutions for institutions and online platforms globally. The company is delighted to announce the launch of the world’s first Ethereum blockchain network onboard the International Space Station. Its only aim is to provide customers with ultra-secure crypto transactions against worldly hackers….